Dave King explains Rangers’ transfer policy

Rangers will need to sign some good players in order to compete for the Scottish Championship title next season.

Rangers chairman Dave King has told The Scottish Sun that the new manager of the club will have to be sensible with the transfer money.

King has said that there is no upper limit to how much the new Gers boss can spend, but he has made it clear that money will not be wasted on players who will not add any value to the team.

“If I got £20m and he went to buy some player from Liverpool who’s sitting on the bench, that would just be silly. It’s not going to happen that way,” the 60-year-old told The Scottish Sun. “The manager will have to come and his mandate is to get players.”

“I’m saying there’s no limit in terms of if he comes along and says ‘I’ve got a guy here and I think I can get him and he’s going to cost X thousand pound a week, and he’s not in the budget, but I think he’d make a difference to the club and he’d help us over the next couple of years.’ I’d say take him,” added King.

“We’re not going to say ‘no, you’ve already spent your money.’ If a good player comes up, and we’re coming to December and we’re leading the league by 15 points, and he says: ‘this player’s come up, we can get him now but we won’t be able to get him in the summer,’ I’ll say get him now.”

King seems to be taking a sound approach to how money should be spent on players this summer (and in January 2016), and it should encourage the candidates for the Rangers managerial job.

The Gers need to be careful with their money and must make shrewd signings, which is what the Rangers chairman would like his manager to do.

The current Rangers squads need some good players, and it is important that that a new manager is appointed as soon as possible for the recruitment process to get underway.

The Glasgow giants finished third in the ‘regular’ Championship season in 2014-15 and reached the Premiership playoff final, where they suffered a heavy defeat to Motherwell.

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